Investors Getting Picky When It Comes To Buying Tilray Brands Inc (TLRY)

money audit

Tilray Brands Inc (NASDAQ:TLRY) does about 26.81M shares in volume on a normal day but saw 10115502 shares change hands in Friday trading. The company now has a market cap of 1.43B USD. Its current market price is $1.73, marking no change compared to the previous close of $1.73. The 52 week high reached by this stock is $3.40 whilst the lowest price level in 52 weeks is $1.53.

Tilray Brands Inc (TLRY) has a 20-day trading average at $1.7092 and the current price is -49.12% off the 52-week high compared with 13.07% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.8412 and its 200-day simple moving average is $1.9428. If we look at the stock’s price movements over the week, volatility stands at 4.28%, which decreases to 3.53% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.44 to suggest the stock is neutral.

The consensus objective for the share price is $2.40, suggesting that the stock has a potential upside of 27.92% over the period.


The company shares received a number of brokerage firm price updates over the past month, with the latest being on April 05, 2024 when Alliance Global Partners reiterated the stock to “Neutral” and issued a price target of between $2.25 and $2.75. The Benchmark Company downgraded its price target at $3.

Its price is -24.78% year-to-date and 5.49% over the past year.


To reach the target analysts have set, the stock logically needs to grow 27.92 percent from here.

The company has a return on investment of -9.45% and return on equity of -10.41%. The beta has a value of 2.20. Price to book ratio is 0.40 and price to sales ratio is 1.92.